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Student loan forgiveness: Education Department discharges $1.1 billion in debt for 115,000 ITT students

The Education Department (ED) is discharging $1.1 billion for 115,000 defrauded former students of the for-profit ITT Technical Institute (ITT) after a new review of existing regulations. […]

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‘Domino effect’: Student loan giant loses another case over private debt discharge in bankruptcy

Student borrowers with certain types of private loans inched closer to being able to discharge that debt in bankruptcy after a New York court ruling. On Thursday, […]

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Student loan borrowers sue Betsy DeVos and Steven Mnuchin over seized tax refunds

Consumer advocates are suing Education Secretary Betsy DeVos and Treasury Secretary Steven Mnuchin for their departments’ failure to stop seizing student loan borrowers’ tax refunds […]

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HEROES Act would cancel $10,000 in student debt for ‘economically distressed’ borrowers

The House has passed the Health and Economic Recovery Omnibus Emergency Solutions Act HEROES (Act) on Friday night. The $3 trillion stimulus package, which is […]